Microsoft settles €20 million to escape EU antitrust investigation

Zhitong
2024.07.11 12:44
portai
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Microsoft has reached a €20 million settlement with the European Cloud Infrastructure Services Providers in Europe (CISPE), avoiding an EU antitrust investigation. Microsoft has agreed to compensate CISPE members for their revenue losses and introduce a new product that allows CISPE members to operate Microsoft's cloud infrastructure at a fair price. CISPE will no longer appeal against Microsoft and states that the agreement will provide a fair competitive environment for European cloud infrastructure service providers and their customers. Amazon, Google, and Alibaba Cloud are not included in the settlement agreement